A survey of China’s top companies reported a marked dissatisfaction with trade finance and liquidity management services, products they also ranked as among the most important, according to East & Partners.
Andrew Kan, director of Hong Kong based forensic accounting firm JLA Asia, gives advice on recognising a fake document from China and the new fapiao (发票) system reforms.
European bank capital reserve requirement exemptions on trade finance were hard won, but a senior banker at HSBC is doubtful whether the Bank of England will apply the Basel III friendlier rules.
Cargill is increasing it use of electronic bills of lading [E B/Ls] to include agricultural shipments from South America. It also has designs for usage in Asia.
Use of letters of credit (LC) for exports to Bangladesh surged 118% last year, compared with the previous 12 months. Increased trade with China is likely a key driver.
Advocates of trade finance have secured exemptions in the form of Capital Reserve Requirements IV (CRR IV) from tougher banking regulations that would have affected trade in Europe. Regulators in Asia have yet to ...
Australian treasurers and CFOs say Chinese counterparts are requesting more LCs are part of their trade negotiations. The LCs are allowing the Chinese firms to line up better financing rates offshore.
The Corporate Treasurer is launching its ‘Cash Mandate Chronicle’, a submission-based deal table benchmarking innovative cash mandates in Asia-Pacific. We want YOUR submissions.
Global trade flow volumes have declined in 2012, dwindling to $37.7 billion and registering 217 deals in the year. This is down from $40.5 billion and 593 deals recorded in 2011.